Green Plains Inc. (NASDAQ:GPRE) Receives $25.50 Consensus Target Price from Brokerages

Green Plains Inc. (NASDAQ:GPREGet Free Report) has received a consensus rating of “Moderate Buy” from the nine research firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $25.50.

Several research firms recently issued reports on GPRE. StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Stephens upgraded shares of Green Plains to a “hold” rating in a report on Monday, December 2nd. Finally, Truist Financial dropped their price objective on Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, October 16th.

Read Our Latest Stock Report on Green Plains

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Point72 Hong Kong Ltd acquired a new stake in shares of Green Plains in the second quarter valued at about $29,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Green Plains in the 2nd quarter worth approximately $41,000. Quest Partners LLC purchased a new position in Green Plains in the 3rd quarter worth approximately $52,000. nVerses Capital LLC acquired a new stake in Green Plains in the third quarter valued at approximately $65,000. Finally, Everence Capital Management Inc. purchased a new stake in shares of Green Plains during the third quarter valued at approximately $153,000.

Green Plains Stock Up 1.7 %

Shares of NASDAQ:GPRE opened at $9.38 on Friday. Green Plains has a 12-month low of $9.12 and a 12-month high of $26.06. The stock’s 50-day moving average price is $11.16 and its two-hundred day moving average price is $13.46. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. The firm has a market cap of $606.43 million, a price-to-earnings ratio of -24.68 and a beta of 1.44.

Green Plains Company Profile

(Get Free Report

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.

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Analyst Recommendations for Green Plains (NASDAQ:GPRE)

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